Price wars grip China as deflation deepens, $30 for a luxury Coach bag?
Chinese energy sector worker Mandy Li likes to treat herself to a luxury brand handbag once in a while. But since her state-owned employer cut her wage by 10% and…
India a better long-term story despite high valuations: Geoff Dennis
"What the market is doing now is waiting for those details. Are we going to get some significant fiscal action in other words because the issue of the Chinese economy…
China home sales rise after string of stimulus measures
Beijing: China's home sales rose during the National Day holiday after a string of property stimulus measures to boost the country's beleaguered real estate market since late September, state media…
China to ramp up policy steps to revive economy
BEIJING: Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper…
For many in China, the economy feels like it is in recession
The night before China's civil service exam, Melody Zhang anxiously paced up and down the corridor of her dormitory, rehearsing her answers. Only when she got back to her room…
Why industrial commodity prices are under pressure
Base metals prices retreated from their January highs as Chinese economic woes threatened the demand from the world’s largest commodity consumer. Fears of excess supplies and the US Fed’s rate…
Chinese economy in distress, its model is ‘broken’: report
Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said Western countries are “increasingly…
Yuan falls to lowest since November as Chinese economy sputters
China's yuan fell to the weakest level since November after a series of disappointing economic figures added to concern about the nation's sputtering growth. The offshore yuan dropped as much…
‘Frail recovery, Disappointed’: What global companies are saying about China
Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world's second-largest economy from a pandemic…
China’s contradictory data fuels debate over the need for stimulus
Beijing: China's recent economic indicators are providing contradictory signals about the recovery, raising doubts about the growth outlook and fuelling debate over whether Beijing needs to step up its stimulus.March…